In these days the free movement of products over national level has become a debatable issue. Some people think that it is an indispensable part of economic development, whereas the remaining reckon that local markets are damaged due to this. I will spell out both notions with my own opinions in the upcoming paragraphs.
Those who say that the business of moving goods is compulsory for the increasing growth of economic sector because a country can gain a profit. To elaborate it if any nation would sell the things for a profit to another country, then it would develop the economic sector as well as currency could also exchange which can bring the more and more job opportunities. For instance, China manufactures the most of the goods and it sells these things to other nations for profit. In this way this country is more developed rather than others.
While others opine that because of free movement of good local business are collapsed. It can be seen that imported products are better in their quality and quantity so that is why people give more preference to it due to the status symbol. As a result, they will not only buy local things, but also it has become the cause of damaging local level industries. To exemplify it there are so many electronic gadgets in India, which import from other countries such as the iPhone which imported from America. For this reason India's individual gives more preference to America's products because of its high quality and India's market goes down.
In conclusion, in my opinion, both export and import goods are necessary, but the government should provide financial help to local shopkeepers, so that they also improve their business of manufacturing and sell their products on a national level.
In these days the free movement of
products
over national level has become a debatable issue.
Some
people
think
that it is an indispensable part of economic development, whereas the remaining reckon that
local
markets
are damaged
due to this. I will spell out both notions with my
own
opinions in the upcoming paragraphs.
Those who say that the business of moving
goods
is compulsory for the increasing growth of economic sector
because
a
country
can gain a profit. To elaborate it if any nation would sell the things for a profit to another
country
, then it would develop the economic sector
as well
as currency could
also
exchange which can bring the more and more job opportunities.
For instance
, China manufactures the most of the
goods
and it sells these things to other nations for profit. In this way this
country
is more developed
rather
than others.
While
others opine that
because
of free movement of
good
local
business
are collapsed
. It can be
seen
that imported
products
are better in their quality and quantity
so
that is
why
people
give more preference to it due to the status symbol.
As a result
, they will not
only
buy
local
things,
but
also
it has become the cause of damaging
local
level industries. To exemplify it there
are
so
many
electronic gadgets in India, which import from other
countries
such as the iPhone which imported from America.
For this reason
India's individual gives more preference to America's
products
because
of its high quality and India's market goes down.
In conclusion
, in my opinion, both export and import
goods
are necessary,
but
the
government
should provide financial
help
to
local
shopkeepers,
so
that they
also
improve
their business of manufacturing and sell their
products
on a national level.